CRYPTOMARKET
  • Internet Giant Baidu Unveils Energy-Efficient ‘Super Chain’ Blockchain Protocol

    Chinese internet giant Baidu has announced the next step in its blockchain integration in the form of a protocol aimed at reducing mining energy consumption, according to a report by China News Weekly today, June 3. Dubbed ‘Super Chain,’ chief scientist at Baidu’s blockchain division Xiao Wei revealed the protocol at a local conference over the weekend. The move forms the latest […]
  • Consulting Firm Predicts Ethereum Could Reach $2,500 By The End Of 2018

    Independent financial consulting company deVere Group, which provides investment and wealth management services, has predicted that the price of Ethereum (ETH) could hit $2,500 by the end of the year, MarketWatch reported April 27. The financial consultancy firm said that the second largest cryptocurrency could see a significant rise, predicting its fourfold increase thanks to […]
  • BTC Is Better Than Gold “On Every Front”, Says Hedge Fund Manager

    Speaking at the 23rd annual Sohn Investment Conference, John Pfeffer, hedge fund manager at Pfeffer Capital, said that Bitcoin is the first viable candidate to replace gold, and is better than the precious metal “on every front,” MarketWatch reported yesterday, April 23. Appearing on CNBC’s Fast Money this morning, April 24, Pfeffer confirmed his prediction […]
  • Binance Labs Leads $30 Mln Fundraising Round For New Privacy-Centered Cryptocurrency

    MobileCoin, a new privacy-centered cryptocurrency, announced that Binance Labs will lead a $30 mln round of fundraising for the project, according to a Medium post April 24. The blog post stated that the Blockchain technology incubator associated with the Binancecryptocurrency exchange is leading a $30 mln round of investment denominated in Bitcoin (BTC) and Ethereum […]
  • World’s Second Largest Crypto Exchange OKEx Moves To ‘Blockchain Island’ Of Malta

    Malta, which has recently passed regulatory legislation concerning Blockchain, cryptocurrencies, and Initial Coin Offerings (ICO) in a bid to become a crypto-friendly “Blockchain island,” is welcoming major crypto exchange OKEx to the country, according to an OKEx press releasepublished today, April 12. Crypto exchange Binance, the world’s largest exchange by trade volume, also reported at […]
  • Bitcoin’s Price Jumps $1,000 In 30 Minutes Of Market Growth Across The Board

    The crypto markets experienced an explosion of growth today, April 12, with Bitcoin (BTC) jumping more than $1,000 to break $8,000 over just a 30 minute period, and the rest of the market solidly in the green. While no specific events have been confirmed as the reason for the sharp price jumps across the board, […]
  • Crypto Markets Experience Slight Uptick After Week Of Lows

    The crypto markets are seeing a slight upward trend Saturday, March 31, after hitting monthly lows this week, according to data from Coin360. Bitcoin (BTC) is above $7,000 again, trading for around $7,140 and up over 2 percent over a 24 hour period to press time. BTC saw a 24 hr low today of $6,623, […]
  • Major Russian Bank Looks To Pilot Crypto Transactions In Switzerland

    Major Russian state-owned bank Gazprombank will be conducting pilot cryptocurrency transactions in Switzerland, local news outlet Vedomosti reported March 29. According to Aleksandr Sobol, the Deputy Chairman of the Board at Gazprombank, Switzerland was chosen due to the more liberal crypto legislation in the country. Sobol said that “some kind of pilots” will “of course” […]
  • OKEx Resolves Futures Price Slip Impact As Trader Threatens Suicide

    Hong Kong cryptocurrency exchange OKEx announced it would take steps to address its Bitcoin futures contracts March 30 after “abnormal” pricing saw one user even threaten suicide at its head office. In a message to traders, OKCoin’s exchange, whose quarterly futures market posted significantly lower BTC/USD readings than the global market this week, blamed the […]
  • South Korea’s Major Internet Conglomerate Kakao Officially Announces Blockchain Subsidiary

    Kakao Corp, the major internet conglomerate and service provider for popular South Korean messaging app KakaoTalk, has officially introduced a new business plan, Kakao 3.0, that includes plans for opening a Blockchain platform aimed at the wider Asian markets, local news outlet Yonhap News reported yesterday, March 27. Earlier this month, Kakao had already tentatively announced the […]
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